Our cities are in trouble. Most have huge unfunded pension and health-care obligations. Their infrastructure is old and so poorly maintained that it can’t power a football stadium for the full length of a game. Their schools have significantly lower high-school graduation rates than the suburbs, even after accounting for differences in incomes. Housing in many cities is unaffordable, roads are congested, and jobs are fleeing, even in supposedly urban industries such as high tech and finance.
Urban planner Richard Florida has a solution: President Obama should create a new federal Department of Cities. That’s right up there with rearranging the benches at Battery Park before Superstorm Sandy hits.
Like many planners, Florida believes problems can be solved from the top down. He is famous for urging cities to adopt policies that make housing unaffordable, forcing poor and moderate-income people out, thus increasing average incomes and making it look like the cities have attracted high-income “creative” people.
Read more at http://www.cato.org/blog/rearranging-park-benches
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